Dronten, located in the Flevoland province in the Netherlands, is a place with a unique history. It was once part of the Zuiderzee before eventually becoming the world's largest land reclamation project. The result was the creation of Dronten, a city with a rich history that has transformed from an isolated newly built city into a welcoming community. Around the city, you will find numerous historical attractions, including the Meerpaal, the Netherlands' first multifunctional center, and the monumental work of art Riff, PD#18245 by landscape artist Paul de Kort.
The Luxury Property Market in Dronten
The exclusive property market in Dronten is currently stable. Demand for luxury houses and apartments is equal to current supply, resulting in a balanced market situation. Dronten's political and economic situation is also stable, which benefits the local real estate market.
Financial Considerations When Buying a Luxury House in Dronten
The average real estate fee for a buyer of a house in Dronten is around 1.5% to 2% of the purchase price. Sellers typically also pay a fee, however, this varies by real estate agent. In addition to the asking price, there are additional costs such as a 2% property transfer tax, notary costs, costs for a structural inspection, and potential lawyers' fees. Given the average house price in Dronten, the property transfer tax can be considerable.
When selling a house or apartment used as a primary residence, no tax has to be paid on the profit made. However, the profit made when selling a second/holiday home is taxed, as part of the wealth tax in Box 3 in the Netherlands. Dronten falls under the Dutch tax system, where the wealth tax and income tax amount to 1.2% and up to a maximum of 51.95% respectively.
Analysis of the Financial Possibilities
The maximum amount for a mortgage in the Netherlands is limited to 100% of the value of the house. This means that all extra costs, such as property transfer tax and notary costs, must be paid from own resources. The maximum amount of the mortgage is also depending on the applicant's income as determined by the annual NIBUD standards.
Living and Life in Dronten
The most desired and expensive districts in Dronten are the Gilden, the Munten, and the heart of Dronten. Dronten is easily accessible via the A6 motorway and has its own train station with connections to both Amsterdam and Zwolle. The nearest major city is Zwolle, which is approximately 50 kilometers away.
International airports such as Schiphol and Lelystad Airport are easy and quick to reach. Dronten is proud of and known for its educational institutions, with a range of primary schools, secondary schools, and Aeres Hogeschool as a leading agricultural university.
The Luxury Lifestyle of Dronten
Dronten is located in the province of Flevoland and has approximately 41,000 residents. The city is characterized by its open and water-rich landscape and offers a range of activities, from watersports in the Veluwemeer to cycling in the Roggebotsbos.
The climate in Dronten has mild summers and cool winters. For sports and outdoor enthusiasts, there are plenty of opportunities with football clubs such as ASV Dronten and Reaal Dronten, or golf at Golfresidentie Dronten.
Dronten offers numerous luxury lifestyle stores, such as exclusive boutiques and interior shops. While there are no large upscale hotels or restaurants in Dronten, the city does possess some excellent hospitality venues and organizes annual music events such as Meerpaaldagen and Lowlands Festival.
For art and culture lovers, Dronten offers attractions such as the “De Meerpaal” theater where in addition to theater performances, films and concerts are also held. The St Jansdal hospital and several clinics are available in the immediate vicinity for care.
All in all, Dronten has a lot to offer for those who are seeking a luxury lifestyle and it offers a stable and attractive market for luxury homes.
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